What is the most commonly used base item for a common size income statement in the analysis? Net sales Total liabilities Total assets Stockholders' equity Suppose you are conducting an analysis of Fresh Seafood Inc.'s past three year's performance. The company did not issue new shares in these three years and has faced some operational difficulties. The company has thus piloted some new forecasting strategies for better operations management. You have collected relevant data, made reasonable assumptions based on the information available, and calculated the following ratios. Based on the preceding information, your calculations, and your assumptions, which of the following statements can be included in your analysis report? Check all that apply. An improvement in the inventory turnover ratio could likely be explained by the new sales-forecasting strategies that led to better inventory management. Fresh Seafood Inc.'s ability to meet its debt obligations has worsened since its debt-to-equity ratio increased from 0.30 to 0.38. A plausible reason why Fresh Seafood Inc.'s price-to-cash-flow ratio has increased is that investors expect higher cash flow per share in the future. The company's creditworthiness has improved over these three years as evidenced by the increase in its debt-to-equity ratio over time. What is the most commonly used base item for a common size income statement in the analysis? Net sales Total liabilities Total assets Stockholders' equity Suppose you are conducting an analysis of Fresh Seafood Inc.'s past three year's performance. The company did not issue new shares in these three years and has faced some operational difficulties. The company has thus piloted some new forecasting strategies for better operations management. You have collected relevant data, made reasonable assumptions based on the information available, and calculated the following ratios. Based on the preceding information, your calculations, and your assumptions, which of the following statements can be included in your analysis report? Check all that apply. An improvement in the inventory turnover ratio could likely be explained by the new sales-forecasting strategies that led to better inventory management. Fresh Seafood Inc.'s ability to meet its debt obligations has worsened since its debt-to-equity ratio increased from 0.30 to 0.38. A plausible reason why Fresh Seafood Inc.'s price-to-cash-flow ratio has increased is that investors expect higher cash flow per share in the future. The company's creditworthiness has improved over these three years as evidenced by the increase in its debt-to-equity ratio over time